Where Citigroup’s Going, They Don’t Need Roads

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Bankers have long assumed that “people who like online banking have no money, and people with money don’t like online banking,” said Seamus McMahon, a former regional president for HSBC Holdings Plc’s U.S. banking unit. Now “there is a group of people who were in their 20s and are now in their 30s and actually have somemoney.”

Wait: They do? Bankers say that? All this time we thought we loved online banking because of how convenient it was, like it makes it super-easy to move $10 from your savings to your checking account so that your rent check doesn’t bounce. We had no idea we actually liked it because we were poor.